This is my take on the unpredictability of SP movements
I think the explanation is similar to pouring sand on mound and asking when will it collapse ? (except perhaps in reverse)
the grains are all sitting on each other and effect each other - sometimes the mound can rise quite high sometimes not
Traders are each watching what the others do at some point suddenly a snowball effect develops into a surge - had a few sell orders been done earlier maybe the surge would not have happenned
Others will probably have more deterministic reasons but I suggest that if you could pick these things even with 60% accuracy you'd be a billionaire
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This is my take on the unpredictability of SP movementsI think...
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Last
32.0¢ |
Change
0.010(3.23%) |
Mkt cap ! $388.8M |
Open | High | Low | Value | Volume |
31.5¢ | 32.0¢ | 31.0¢ | $251.4K | 801.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2417 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 186990 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2417 | 0.315 |
2 | 90000 | 0.310 |
1 | 125000 | 0.305 |
12 | 494993 | 0.300 |
3 | 92300 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 186990 | 4 |
0.325 | 156245 | 6 |
0.330 | 71078 | 4 |
0.335 | 241800 | 4 |
0.340 | 507809 | 11 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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